How to Become a Good Buyer?

Being a good buyer means becoming as educated as possible about the home buying process, understanding local market conditions, and having realistic expectations of what your needs are relative to the amount you can afford to spend. Regardless of the amount you are planning to spend, if you are not honest about your needs and what you “must have” versus those things you are willing to trade-off, and you do not understand how the process works, you will not be effective, and will end up wasting time and becoming frustrated and disappointed. No matter how much or how little you spend, everyone wants to feel they are paying a fair price for what they purchase in their particular market, and so it is essentianl that you get to know the local market conditions. Part of becoming a good buyer also means being serious about making a purchase when you find the right property; if you are just spending time looking at properties without the intent to buy, or having no idea of what you want and where you want to live, you are wasting a lot of time – yours, your Realtor’s, and the owners of the homes you are visiting. MORE